From the recent quarterly the market cap of MLX shows a significant discount to MLX's asset backing.
Cash and Investments.
Cash $104m.
IGO $44M.
WGR $28.4m.
ALG $12m.
TOTAL $188.4M
Wingellina 80% $220m.
Renison
Quarterly profit after capital reinvestment and exploration. $5.78m. x 4 =$23m.
Capitalise x 10 =$230m.
Total Assets $638m
Market Capital $382m.
Or about $0.53 per share.
Close tonight$0.265 per share.
That is a 50% discount to Assets.
Cheers
Mickph
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 (20min delay)
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Last
63.5¢ |
Change
-0.050(7.30%) |
Mkt cap ! $562.8M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 66.5¢ | 63.0¢ | $1.770M | 2.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31624 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 153231 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |